Atlantic Coffee has recently decided to raise its prices by10%. It was shocked by itscustomers’ reaction to the price increase when sales…

Atlantic Coffee has recently decided to raise its prices by10%. It was shocked by itscustomers’ reaction to the price increase when sales dropped24%.Such a sharp drop in sales occurred because

A.Atlantic Coffeedoesn’t taste as good as Pacific Coffee.

B.Atlantic Coffee has changed to a new type of bean.

C.the demand for a specific brand of coffee is highly elastic.

D.the demand for coffee as a commodity is highly inelastic.